Bitcoin falls below $67,000 as U.S. equities slide and oil pushes higher
Bitcoin dropped below $67,000 amid a risk-off sentiment driven by Middle East tensions, causing U.S. equities and metals to fall while oil prices rose.Summary
Renewed volatility and a shift toward risk-off positioning marked Tuesday's pre-market trading, influenced by ongoing Middle East tensions. Bitcoin fell 3% in 24 hours, slipping below $67,000 after hitting $70,000 the previous day. U.S. equities, tracked by the QQQ ETF, were down about 2% in pre-market trading, and precious metals like gold and silver also faced pressure. Conversely, WTI crude oil climbed 5% to above $74 per barrel, nearing $75. The U.S. dollar strengthened significantly, with the DXY index surpassing 99, and Treasury yields edged higher, with the 10-year yield approaching 4.1%. Crypto-related stocks mirrored Bitcoin's decline, with MicroStrategy, Coinbase, and Galaxy Digital all seeing losses, while AI-focused miners also tracked lower.
(Source：CoinDesk)